Thank you very much for the question.
There's no doubt that public investment in port projects has a very significant leverage effect. I would remind you that ports don't receive funding for operations, which means that every project we carry out ultimately belongs to the Crown. It's public, then, but it's funded by the private sector. That means that when there's a public contribution that reduces the investment risk—as is the case in Contrecœur, as well as in other projects we have done on the island of Montreal—the public asset then becomes even more valuable.
I want to come back to that leverage effect. In Montreal, but also in Contrecœur, we're going to support nearly one million jobs a year through freight transportation. The value of goods that pass through the Port of Montreal at some point is equivalent to 10% of Quebec's GDP. That leverage effect is significant, and the impact is being felt right in Canadians' homes. These are everyday products. When funding is available to help, it's a step in the right direction.
However, it's important to be able to maintain a balance between the private and public sectors. The private sector has a role to play. Of course, we hope that the new version of the program will allow for an even stronger private-public balance and, as my colleague said, more flexibility and vision to ensure that the port system is more resilient.